Small-Cap Earnings Showing
Solid Gains, Led by Tech Stocks

By

Karen Talley Dow Jones Newswires

Updated Feb. 20, 2004 5:24 p.m. ET

NEW YORK -- Small stocks are having a solid fourth quarter with earnings up 14.9% from a year ago, mostly powered by massive profit gains from technology companies. The figures are based on 419, or 70%, of the members of the Standard & Poor's SmallCap 600 Index having reported.

Technology's earnings, before items, are up 228% from last year's fourth quarter, fueled by profit leaps from companies like Standard Microsystems, ViaSat...